Will County Finance Logo

Meeting Summary and Briefs: Will County Board Finance Committee for January 6, 2026

Spread the love

Will County Board Finance Committee Meeting | January 6, 2026

Meeting Summary
The Will County Board Finance Committee met on Tuesday, January 6, 2026, to handle a light agenda of routine financial housekeeping. The committee quickly approved tax abatements for general obligation bonds and passed budget adjustments for the Coroner and Health Department. The session was marked by a smooth approval of all agenda items, followed by a sharp procedural disagreement during the “other business” portion of the meeting regarding a stalled education scholarship referendum.

News Briefs

Bond Tax Abatements Approved:
The committee approved two resolutions abating taxes for General Obligation Refunding Bonds, Series 2025A and 2025B. This is a standard annual procedure where the county abates the property tax levy for these bonds because other revenue sources are available and sufficient to pay the debt service for the coming year.

Coroner Receives Grant Funding:
The board approved the appropriation of $5,000 into the Coroner’s Office budget. The funds are from a grant provided by “Missing Pieces” and Lurie Children’s Hospital. The grant supports the SUDORS (State Unintentional Drug Overdose Reporting System) program. The funds were not originally budgeted because the grant award was not guaranteed at the time the fiscal year budget was created.

Health Department Budget Amendment:
Committee members voted to approve a budget amendment within the Will County Health Department’s FY2026 budget. The resolution adjusts the budget by $33,450 to account for projected expenses and revenue for a Community-Wide Cannabis Education and Outreach initiative. The amendment reflects that cannabis funding was not allocated for this specific initiative, requiring non-personnel expenses to be removed.

Routine Transfers and Minutes:
The committee approved a standard FY25 budget transfer to clean up line items from the previous fiscal year. Additionally, the committee formally approved the minutes from the November 4 and November 12, 2025, meetings. Those previous minutes documented the contentious debates regarding the 2025 tax levy and the compromise that led to a 1.75% levy, though no new action was taken on those items Tuesday.

Leave a Comment





Latest News Stories

Trump teases 'you'll find out' on U.S. response to Iranian drone attack

Trump teases ‘you’ll find out’ on U.S. response to Iranian drone attack

By Sarah Roderick-FitchThe Center Square Following drone attacks by Iranian forces on a ship transiting the Strait of Hormuz, President Donald Trump told reporters that they will find out if...
Military responds swiftly to devastating Venezuelan earthquakes

Military responds swiftly to devastating Venezuelan earthquakes

By Sarah Roderick-FitchThe Center Square The U.S. has already begun deploying several civilian and military assets to Venezuela following two massive earthquakes. The South American country was struck by a...

WATCH: Eight years later, quiet opt-out rules can’t stop millions saved in union dues

By Carleen JohnsonThe Center Square Saturday June 27 marks eight years since the landmark Janus v. AFSCME decision where the U.S. Supreme Court ruled that public employees have a right...
Accounting analyst: SEC should examine Illinois pension funding

Accounting analyst: SEC should examine Illinois pension funding

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Illinois is less tardy than usual with its Annual Comprehensive Financial Report for fiscal year 2025, but...
Illinois Quick Hits: Chicago man arrested in connection with planned attack at White House

Illinois Quick Hits: Chicago man arrested in connection with planned attack at White House

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – A Chicago man has been arrested in connection with a planned attack that allegedly targeted the Ultimate...
Costar shareholders re-elect directors, resist external pressure

Costar shareholders re-elect directors, resist external pressure

By Tom JoyceThe Center Square CoStar shareholders overwhelmingly backed the company’s board and chief executive after months of pressure from activist investors. CoStar Group Inc. said shareholders reelected every director...
Trump accuses Iran of violating ceasefire after drone attack on cargo ship

Trump accuses Iran of violating ceasefire after drone attack on cargo ship

By Sarah Roderick-FitchThe Center Square Two weeks after the U.S. and Iran signed a memorandum of understanding, agreeing to enter a 60-day ceasefire, President Donald Trump is accusing the Islamic...
Legislature takes more measures against firms opposing redomiciling in Texas

Legislature takes more measures against firms opposing redomiciling in Texas

By Bethany BlankleyThe Center Square Texas lawmakers are taking additional measures against proxy advisory firms that oppose companies redomiciling to Texas as Dell shareholders approved redomiciling to Texas from Delaware...
Mistrial declared in federal Palisades Fire arson case

Mistrial declared in federal Palisades Fire arson case

By Chris WoodwardThe Center Square A mistrial was declared Friday morning in the federal arson trial of Jonathan Rinderknecht, charged with starting what became the Palisades Fire, one of Los...
Ex-cops blast Chicago mayor’s new agency

Ex-cops blast Chicago mayor’s new agency

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Chicago Mayor Brandon Johnson is not saying exactly how much taxpayers will pay for his new Office...
Illinois Quick Hits: Chicago reports increased visitor spending

Illinois Quick Hits: Chicago reports increased visitor spending

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Chicago’s destination marketing organization says the city welcomed 56.8 million visitors in 2025 and generated a record-setting...
Poll: Voters give Trump worse marks on economy than job overall

Poll: Voters give Trump worse marks on economy than job overall

By Brett RowlandThe Center Square President Donald Trump's economic approval has fallen further than his overall job approval, a reversal from the economic strength that got him elected, a new...
Two Democrats seek GOP congressman's seat in Colorado

Two Democrats seek GOP congressman’s seat in Colorado

By Liam HibbertThe Center Square Two state Democratic officials are nipping at the heels of the Republican incumbent in Colorado’s 8th Congressional District in what has been deemed one of...
WATCH: Report says more U.S. families are saving for college

WATCH: Report says more U.S. families are saving for college

By Esther WickhamThe Center Square As taxpayers continue subsidizing higher education and student loan debt at $1.8 trillion, more American families are planning and saving for college, according to a...
Illinois to see 4 new consumer protection laws enacted

Illinois to see 4 new consumer protection laws enacted

By Sean Reed | The Center SquareThe Center Square (The Center Square) – Illinois Gov. J.B. Pritzker was joined by state lawmakers and other officials Thursday to sign a four-bill...